India extends export and re-import deadlines for gems and jewellery
Change
India extended the re-export period for imported diamonds sent for certification to 120 days from 90 days, added 30 extra days for re-imports of items from overseas exhibitions, and increased the export window for foreign-buyer supplies to 120 days.
Why it matters
Customs will permit transactions under the extended windows only after verifying supporting documentation, making timely assembly and retention of certification, grading, and shipment records mandatory. Firms unable to produce verifiable records risk having consignments detained and being denied the one-time procedural relief.
Implications
- • Gems and jewellery exporters' compliance teams must compile and retain all certification, grading, and shipment documentation for presentation to customs at filing — failure to produce verifiable records may result in detention and denial of the extended relief.
- • Customs brokers and freight forwarders processing gems and jewellery shipments must submit the required verification details when filing export/import transactions to secure the extended windows — omission may subject consignments to additional scrutiny and holds.
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